Camden Property Trust (NYSE:CPT) Receives Average Recommendation of “Hold” from Brokerages

Camden Property Trust (NYSE:CPTGet Free Report) has been assigned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $115.4844.

Several equities research analysts recently weighed in on the stock. Mizuho upped their target price on shares of Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Wells Fargo & Company raised their price target on shares of Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Royal Bank Of Canada boosted their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research report on Monday, April 20th. Finally, Barclays increased their price objective on Camden Property Trust from $116.00 to $122.00 and gave the company an “equal weight” rating in a research note on Tuesday.

Get Our Latest Report on Camden Property Trust

Camden Property Trust Stock Performance

NYSE CPT opened at $112.89 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The company has a market cap of $11.35 billion, a P/E ratio of 31.53, a P/E/G ratio of 8.71 and a beta of 0.78. The stock has a 50-day moving average of $110.92 and a two-hundred day moving average of $107.23. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same quarter in the prior year, the company earned $1.72 earnings per share. The business’s quarterly revenue was down .5% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, analysts anticipate that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.06 per share. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 annualized dividend and a yield of 3.8%. Camden Property Trust’s dividend payout ratio is 118.44%.

Institutional Investors Weigh In On Camden Property Trust

Hedge funds have recently bought and sold shares of the stock. Legacy Wealth Asset Management LLC boosted its holdings in shares of Camden Property Trust by 1.6% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 6,074 shares of the real estate investment trust’s stock worth $669,000 after purchasing an additional 93 shares during the period. New Mexico Educational Retirement Board grew its position in Camden Property Trust by 2.1% during the fourth quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 100 shares in the last quarter. Norinchukin Bank The increased its stake in Camden Property Trust by 1.0% in the 3rd quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after buying an additional 107 shares during the period. Hantz Financial Services Inc. increased its stake in Camden Property Trust by 38.1% in the 4th quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 107 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its position in Camden Property Trust by 5.6% in the 4th quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock worth $237,000 after buying an additional 114 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

About Camden Property Trust

(Get Free Report)

Camden Property Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development and management of multifamily residential communities across the United States. The company’s core business activities include acquiring land for new construction, overseeing the design and development of garden-style and mid-rise apartment communities, and providing ongoing property management services. Camden’s asset management team focuses on maintaining high occupancy levels, resident satisfaction and operational efficiency through consistent leasing, maintenance and community engagement programs.

Camden’s portfolio encompasses a geographically diversified mix of properties located primarily in high-growth Sun Belt and major metropolitan markets.

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Analyst Recommendations for Camden Property Trust (NYSE:CPT)

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